A Victorian water tower in Kennington, south London—featured on Channel Four’s *Grand Designs*—is still on the market after years and a large reduction in price. The property, converted into a ten-storey home with views across the capital, is listed for £2.75 million, following a previous asking price of about £4 million.

Outlets report that the project initially ran about £1.5 million over budget and, after remaining unsold for a lengthy period, the owners have repeatedly cut the asking price. The Daily Mail and Evening Standard describe the tower as an iconic series project that was rescued from dereliction, while Ghana MMA focuses on how long it has stayed unsold and the size of the discount. All accounts characterize the listing as a significantly reduced offer for a distinctive, multi-storey conversion in London.

Although the coverage varies in emphasis—some highlighting the runway over budget, others the scale and timing of the price cut—the core facts are consistent: the Kennington water tower conversion remains for sale at the reduced figure.